Date
21 October 2017

Shandong seeks more listings of local firms, paper says

Shandong province wants more enterprises in the region to get listed on the stock markets as it believes that such moves will help the firms to grow further, the China Securities Journal reported Wednesday, citing Feng Henian, chief of the Shandong bureau of the China Securities Regulatory Commission (CSRC), as well as sources from other local financial authorities. Shandong has ranked seventh in China in terms of the number of listed companies, but is yet to have any listed firm in the culture or financial industries. Shandong is keen to encourage qualified companies that have over 200 shareholders to push for listings on the New Third Board, the report said.

– Contact HKEJ at [email protected]

EL/AC/RC

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